Share Name Share Symbol Market Type Share ISIN Share Description
Marwyn Val. LSE:MVI London Ordinary Share KYG5897M1740 ORD 0.0001P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 168.50p 168.00p 169.00p 168.50p 168.50p 168.50p 0 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 9.6 9.6 -38.2 - 119.15

Marwyn Value Investors Share Discussion Threads

Showing 1101 to 1123 of 1125 messages
Chat Pages: 45  44  43  42  41  40  39  38  37  36  35  34  Older
DateSubjectAuthorDiscuss
11/9/2017
15:22
Actually, because the NAVs are so slow to produce, BCA is down 10% and then up 10% since the last NAV. So as you were!
mad foetus
11/9/2017
15:07
BCA is up over 10% since the date of MVIs last NAV.
mad foetus
07/9/2017
08:02
BCA report taken well this morning.
spectoacc
04/9/2017
12:40
Just been tipped by Simon Thompson Https://www.investorschronicle.co.uk/comment/2017/09/04/seeking-value/
x54v
30/8/2017
14:46
If they could repeat it with Wilmcote that'd be great. I'd be concerned if they bought more BCA tho, or created another GLOO.
spectoacc
30/8/2017
14:23
Liberum; Tender offer at £2 per Zegona share Event Zegona Communications (Zegona) confirmed the details of a tender offer following the sale of Zegona's Spanish cable business, Telecable, to Euskaltel, S.A. Zegona proposes to return up to £140m of cash to shareholders by way of a tender offer at a minimum price of £2 per Zegona share. This represents 42% of Zegona's market capitalisation of £330m, as at 29 August 2017. Marwyn Asset Management (MAML), has entered into an irrevocable undertaking accepting the tender offer in full, on behalf of Marwyn Value Investors LP and Marwyn Value Investors II LP (the Funds), which together own 25.8% of the issued share capital of Zegona. Marwyn Value Investors (MVI) indirectly holds approximately 21.3% of the issued share capital of Zegona through its investment in the Funds. Following completion of Zegona's tender offer, the Funds are expected to receive aggregate proceeds of approximately £36.1m. Payment is expected by 16 October 2017. Approximately £26.0m of the expected proceeds will be attributable to Ordinary Shareholders. MAML expects to deploy the proceeds in continuing to support the growth plans of new and existing portfolio companies within the Funds. Approximately £3.8m of the gross proceeds will be attributable to the MVI's Realisation Shareholders. The company will make an announcement once proceeds have been received to inform Realisation Shareholders of the process by which capital shall be returned to them. Liberum view The tender offer price announced by Zegona of £2 is at a premium of 18.6% to the closing price of £1.685 at 29 August 2017. If we consider an average cost of £1.41 per share for Marwyn's investment in Zegona, the tender offer price would represent a 41.8% gain on the cost per share. MVI deployed £5.1m in the placing of Wilmcote beginning of August. Wilmcote intends to acquire businesses with an enterprise value in the region of £500m to £2bn in order to create significant shareholder value through a well executed buy-and-build strategy. We expect MVI to deploy the proceeds from Zegona's tender offer to support the growth of its existing portfolio and similar new opportunities. MVI is trading at a 30% discount to its 11 August 2017 NAV per share.
davebowler
29/8/2017
13:05
Good luck; agree re divi, it's a good draw.
spectoacc
29/8/2017
11:40
Bought a few more this morning. The discount is still high, prospects look reasonable and it pays a divi. R2
robsy2
24/8/2017
08:29
Cut some more here. Hate to sell at a big discount but just not overly comfortable with the long-term nature of BCA. Is hardly all the co's about, and plenty of potential elsewhere, but they've just been a little too keen on BCA for my liking.
spectoacc
07/8/2017
15:03
An explanation for today's trades: "Marwyn Value Investors Limited (the "Company") Share dealings by Person Discharging Managerial Responsibility ("PDMR") Marwyn Value Investors Limited, LSE: MVI, today announces that it was notified by Mr Robert Ware, Non-Executive Chairman of the Company, that he had sold and repurchased 20,875 Ordinary Shares in the Company in order to transfer the shares from one of his accounts to another. These shares were traded in the open market, sold at a price of 163.5 pence per share and repurchased at 163.7 pence per share. A further 82,176 Ordinary Shares were transferred from one of his accounts to another at a price of 163.5 pence per share. "
spectoacc
07/8/2017
09:06
Update. Although I have received notice of the payment of 71p by ZEG it appears not yet actually been paid. I wait in hope.
dekle
04/8/2017
16:09
The funds received from ZEG I have invested in MVI
dekle
04/8/2017
15:36
Just received notice of 71p paid 02/08/17 on my ZEG shares and no movement on the share price. Why is this share being ignored or am I missing something? That's almost 50% rebate of the share price?
dekle
04/8/2017
14:10
Wilmcote looks & sounds really good, strong management, potential to be the next ZEG for MVI. Unfortunately, could as easily be the next GLOO.
spectoacc
04/8/2017
09:42
Liberum; Listing of Wilmcote Holdings Event Wilmcote Holdings has announced its intention to float on AIM and has raised £15m from institutional investors. Marwyn Value Investors II LP has contributed £5.1m to the raise in addition to the £10m invested in the company in March 2017. Marwyn Value Investors' (the listed company) exposure will be £11.5m following the raise (c.7% of NAV). The proceeds of the raise will be used to carry out due diligence on acquisition targets. Wilmcote Holdings is focused on the acquisition and development of target businesses in the downstream and specialty chemicals sector. The CEO of Wilmcote is Adrian Whitfield, who previously implemented a turnaround and growth strategy at Synthomer plc, a FTSE 250 listed specialty polymer operator. He more than doubled operating profit during a nine year tenure at Synthomer. Wilmcote will seek to acquire and operate businesses with an enterprise value ranging from £500m to £2bn. Liberum view Wilmcote is a step closer to making a platform acquisition which should result in the deployment of a significant portion of capital for Marwyn once completed. The fund is likely to receive a large capital return from Zegona due to the company's £140m tender offer (we estimate the look-through receipts for the ordinary share class will be c.£26m). The share currently trade on a c.27% discount to our live NAV estimate.
davebowler
03/8/2017
15:51
That makes sense, thanks
mad foetus
03/8/2017
15:43
Marwyn LLP v MVI
tiltonboy
03/8/2017
15:35
@mf - am guessing it's 11.5m to the ords, the balance to the Realisation shares, MVIR? They'd potentially have a slice of the 10m but none of the extra 5.1m.
spectoacc
31/7/2017
12:51
You're correct tilton, it is a ST mention.
cockerhoop
31/7/2017
12:31
A flurry of buys at Noon suggests a mention somewhere. Has the hallmarks of Simon Thompson.
tiltonboy
27/7/2017
14:14
It's a tender offer so will they tender themselves? They will get the divi anyway
dekle
27/7/2017
10:43
Liberum; £140m tender from Zegona Event Zegona has completed the sale of Telecable to Euskaltel and has confirmed its intention to return £140m (71p per share) to shareholders via a tender offer. Marwyn Aset Management is the largest investor in Zegona with a 25.8% shareholding (the company's indirect exposure is 21.3%) and we estimate Zegona represents c.37% of the NAv of Marwyn's ordinary share class. The capital return of £140m represents 44% of Zegona's market cap. Zegona will still retain a 15% shareholding in Euskaltel. Zegona expects to pay 5p per share to shareholders by way of a dividend this year. Liberum view Assuming Marwyn takes up a 21.3% share of the tender (based on its look-through shareholding), the capital return would be £29.6m of which £3.2m would be attributable to the realisation shares and £26.4m to the ordinary shares. We calculate an average cost of 141p per share for Marwyn's investment in Zegona. Assuming the tender offer is completed at yesterday's closing price, the gain would c.15% on the cost per share. In total, we estimate this would be a realised gain of £3.4m for the ordinary share class. Total realised profits including gains from the equalisation process in May would be £6.4m. The company has paid total dividends of £10m since the sale of Entertainment One in September 2015 and we therefore do not expect any further distributions from Marwyn as a result of Zegona's tender offer. For the ordinary shares, the company's distribution policy is to deliver a minimum of 8.255p per share p.a. with potential for further distributions if 50% of net realised capital gains have not already been returned via the ongoing quarterly dividends. Marwyn currently trades on a 27% discount to our live NAV estimate.
davebowler
27/7/2017
07:29
Been looking out for it & missed it too! Hope they don't recycle the cash into BCA..
spectoacc
Chat Pages: 45  44  43  42  41  40  39  38  37  36  35  34  Older
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